Bank First National (NASDAQ:BFC) Stock Rating Lowered by Wall Street Zen

Bank First National (NASDAQ:BFCGet Free Report) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Saturday.

BFC has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank First National in a report on Wednesday, January 21st. Piper Sandler raised their price target on shares of Bank First National from $142.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, January 26th. Zacks Research upgraded Bank First National from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Hovde Group increased their price objective on Bank First National from $145.00 to $150.00 and gave the stock an “outperform” rating in a report on Wednesday, October 22nd. Finally, Scotiabank raised Bank First National to a “sector outperform” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $150.00.

Check Out Our Latest Analysis on BFC

Bank First National Stock Up 0.6%

Shares of Bank First National stock opened at $146.00 on Friday. The stock has a market capitalization of $1.44 billion, a price-to-earnings ratio of 20.19 and a beta of 0.42. Bank First National has a twelve month low of $93.00 and a twelve month high of $152.99. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.02. The business’s 50 day simple moving average is $133.73 and its 200-day simple moving average is $128.31.

Bank First National (NASDAQ:BFCGet Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.25. The firm had revenue of $49.68 million during the quarter, compared to the consensus estimate of $43.75 million. Bank First National had a return on equity of 11.68% and a net margin of 29.31%. Equities research analysts forecast that Bank First National will post 6.9 earnings per share for the current year.

Insiders Place Their Bets

In other Bank First National news, Director Steven M. Eldred sold 8,000 shares of the company’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $151.95, for a total value of $1,215,600.00. Following the transaction, the director owned 125,680 shares of the company’s stock, valued at approximately $19,097,076. This represents a 5.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.10% of the company’s stock.

Institutional Investors Weigh In On Bank First National

Several hedge funds have recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its position in Bank First National by 920.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 204 shares of the company’s stock worth $25,000 after purchasing an additional 184 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Bank First National in the third quarter worth $48,000. CWM LLC grew its holdings in shares of Bank First National by 17.0% during the second quarter. CWM LLC now owns 669 shares of the company’s stock valued at $79,000 after buying an additional 97 shares in the last quarter. Nisa Investment Advisors LLC raised its position in Bank First National by 17,650.0% during the second quarter. Nisa Investment Advisors LLC now owns 710 shares of the company’s stock valued at $84,000 after buying an additional 706 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in Bank First National during the third quarter valued at $94,000. Hedge funds and other institutional investors own 29.95% of the company’s stock.

About Bank First National

(Get Free Report)

Bank First National Corporation (NASDAQ: BFC) is the bank holding company for Bank First National, a community bank headquartered in Princeton, Wisconsin. The company offers a comprehensive suite of financial services designed to meet the needs of individuals, families, small businesses and agricultural clients. Through its branch network and digital channels, Bank First National provides deposit accounts, consumer and commercial lending, mortgage financing and treasury management solutions.

The bank’s core deposit products include checking and savings accounts, money market funds and certificates of deposit, complemented by online and mobile banking platforms that enable customers to manage their finances remotely.

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Analyst Recommendations for Bank First National (NASDAQ:BFC)

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